Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks is challenging due to inherent volatility and risks [1] Group 1: Company Overview - Byd Co., Ltd. (BYDDY) is identified as a promising growth stock with a favorable Growth Score and a top Zacks Rank [2][10] - The company has a historical EPS growth rate of 140.1%, with projected EPS growth of 9.9% this year, significantly outperforming the industry average of -3.2% [5] Group 2: Financial Metrics - Byd Co. has an asset utilization ratio (sales-to-total-assets ratio) of 0.99, indicating it generates $0.99 in sales for every dollar in assets, compared to the industry average of 0.73 [6] - The company's sales are expected to grow by 21.1% this year, while the industry average is only 0.7% [7] Group 3: Earnings Estimates - The current-year earnings estimates for Byd Co. have been revised upward, with the Zacks Consensus Estimate increasing by 6.2% over the past month [9] - The combination of a Growth Score of B and a Zacks Rank 1 positions Byd Co. favorably for potential outperformance [10][11]
Is Byd Co. (BYDDY) a Solid Growth Stock? 3 Reasons to Think "Yes"